Category: Origination

Bidding Wars Heating Up for Starter Homes

A new report from Zillow has found that entry-level home shoppers are dealing with faster-rising prices and more competition than those seeking more expensive homes. “Buyers shopping for the least-expensive… Read more »

1-in-20 Homes Now Valued Over $1M

Hot is just one of the words you could use to describe the housing market over the last two years, with demand significantly outpacing supply, which had a major impact… Read more »

Rising Rates Leave Fewer Affordable Home Options

New research conducted by First American has found that as mortgage rates have steadily risen (and look to continue this trend based on commentary from the Federal Reserve’s Open Market… Read more »

New Home Purchase Apps Rebound in August

In August 2022, the Mortgage Bankers Association (MBA) reported that mortgage applications for new home purchases decreased 10.1% compared to August 2021. Data recorded in the MBA’s Builder Application Survey… Read more »

High Housing Costs Unlikely to Moderate

As national population growth sits at a record low, domestic migration was the key component of population change on state and local levels in 2021, according to demographic findings of… Read more »